Large home on 1.16 Hec, (2.8 acres) and large block on 2.8 Hec. (7 acres) on 2 separate titles to be sold together.
A wonderful opportunity exists for those looking for a large family home (360m2) on approx. 9.87 acres of undulating land which are on two separate titles. The two titles are 1.16 Hectares with the home, and the block is 2.8 hectares with own entry as depicted on the title plan.
The current owner built the home in 1994 and much expense and planning was put into the layout of the beautiful gardens and design. Sadly as the owner is elderly, the home is far too big and the gardens seem to have a mind of their own.
The home is split into two sections, with 3 bedrooms, 2 bathrooms own kitchen and laundry upstairs.
Downstairs offers a separate flat with 2 or 3 bedrooms, good sized kitchen, bathroom and laundry. There is also a large rumpus/entertainment area with another separate shower/toilet and kitchenette facility.This ground floor has had some renovations done around 18 months ago.
These two areas are still accessed via the internal staircase and is intended for extended family living.If two separate flats were to be made or rented out, a separate power box would need to be added.
The home needs quite a lot of renovation, particularly the first floor, as this area is original from 1994. Although, a new oven and stove top were added a few weeks ago.
The separate title of land with own access is 7 acres. This comes with a large triple color bond garage, has town water, old kitchen and bathroom facilities and power connected. This shed will be sold on an “as is” basis.
This 7 acre block offers a large dam, and the bottom of the title goes down to crown reserve bordering along Muddy Creek.
This block, although currently in need of cleaning up, is located in a very beautiful position with the potential to build a home in a lovely area amongst other prestigious homes. If you were wishing to on sell the block at any time, this could be easily done by adding another road access entry to the home without too much trouble.
This property is ideally suited for investors looking for a beautiful property with potential to increase in value and due to its size, it does require considerable work to renovate and bring back to its former glory.
Alternatively for those who might like to split the home into two flats for a rental income, and onsell the block to cash in its value.
Due to the situation, both titles are being sold “AS IS”.
The township of Legana is only a couple of minutes drive to the Shopping Centre for all your conveniences and petrol. Launceston CBD is about 12 minutes drive. A bus stop is located close by.
At this point in time there are no private viewings held and inspection times will be advertised when the home is open.